Is Buffalo, TX 75831 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Buffalo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Buffalo housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Leon County, TX

Population	4,881
Median income	$51,935
Average income	$72,635
Median home value	$117,500
Median rent	$920/month
Owner-occupied	71% of homes
Median year built	1990

Natural hazard riskTornadoes (relatively high), hurricanes (moderate), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 75831; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 75831

Prefilled for 75831Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75831Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Centerville 75833Seller’s market $149 /sq ft Jewett 75846Buyer’s market $139 /sq ft Leona 75850 — /sq ft Marquez 77865Buyer’s market $157 /sq ft Browse all markets →

Towns like Buffalo nearby

Find towns like Buffalo in other states →

Mexia, TX76667 · 35 miles away83% similarpricier homes ($37K more) · larger Wortham, TX76693 · 36 miles away82% similarpricier homes ($59K more) · smaller Teague, TX75860 · 23 miles away81% similar5 min shorter commute Crockett, TX75835 · 36 miles away80% similarpricier homes ($55K more) · larger

Where Buffalo is

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Questions about Buffalo real estate

What are property taxes in Buffalo?

About 0.69% of a home’s value a year in Leon County, or roughly $2,760 on a $400,000 home.

Local agents

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More tools for 75831

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Leon County property taxes Leon County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology